As of Tuesday, May 31, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market consolidated today in a narrow range around the 2100 level on the S&P500 Index. The market continues to be poised to break through the 2100 level resistance, and could do so at […]
As of Friday, May 27, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The market finished a powerful week higher, and looks poised to attempt to break out above the 2100 level on the S&P500 Index very soon. There are a number of economic reports and central bank […]
As of Thursday, May 26, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market traded in a very narrow range around the 2090 price level on the S&P500 Index today, consolidating the recent strong move higher. Tomorrow Federal Reserve Chairperson Janet Yellen delivers a speech following […]
As of Wednesday, May 25, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The market followed yesterday’s large gains with more of the same today. Clearly the stock market wants to test the 2100 level on the S&P500 Index again and see if this time it can break […]
As of Tuesday, May 24, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market soared higher today led by financials and technology companies. If the bottom and end of the mini-correction we have been experiencing was last Thursday, then the market is now poised to climb […]
As of Monday, May 23, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market traded in a very small price range today and consolidated the reversal higher off last Thursday’s lows. Liquidity indicators which reflect money flowing into the market remain very supportive of higher stock […]
As of Friday, May 20, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The market may be in the process of making a bottom off the mini-correction we have been experiencing now for about the last month. Liquidity indicators have turned up even higher, and there are several technical […]
As of Thursday, May 19, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market has retraced back down to the important support area around the 2030 level on the S&P500 Index. It was last at this price level near the end of March – first part of April, 2016, and at […]
As of Wednesday, May 18, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The Federal Reserve released the minutes from last month’s meeting today, and the market sold off after the minutes indicated that June might be a meeting where the Fed raises interest rates due to a […]
As of Tuesday, May 17, 2016 at the close of trading EquitySurge™ has continued a strong buy signal for USA equities. The stock market sold off today on comments by non-voting members of the Federal Reserve that the economy is stronger than the market realizes. This sell-off occurred as liquidity indicators continued showing strong support for […]
